- Approximately 1.76 Billion Shares Shorted Since August 2009
- Short Squeeze Beginning As Stock Crosses Above $0.0028 SqueezeTrigger Price
SILVER SPRING, Md., March 10, 2015 (GLOBE NEWSWIRE) -- IJJ Corporation (OTC:IJJP) announced today that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on IJJ Corporation (OTC:IJJP) after releasing the latest short sale data through March 9, 2015. The total aggregate number of shares shorted since August 2009 is approximately 1.76 billion shares. Approximately 19.70% of daily trading volume is short selling. The SqueezeTrigger price for all IJJP shares shorted is $0.0028. A short squeeze has just begun as shares of IJJP closed above the $0.0028 SqueezeTrigger price.
Click here to view Report: http://www.buyins.com/reports/ijjp3-9-15.pdf
Click here for SqueezeTrigger: http://www.buyins.com/images2/ijjpstr3-9-15.jpg
Click here for Friction Factor: http://www.buyins.com/images2/ijjpff3-9-15.jpg
Click here for detailed explanation: http://www.buyins.com/brochure.pdf
Friction Factor calculates if a fair market is being made in the shares of IJJP. 53% of the previous 38 trading days have been positive or bullish-biased and 47% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors IJJP market-makers daily for compliance with Fair Market-Making Requirements.
About BUYINS.NET
BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations.
About IJJ Corporation:
IJJ Corporation is a full service business and management consulting company promoting the union of companies to achieve their goals. The IJJ Corporation's mission is focused on a collaborative engagement between public and private companies, and business professionals designed to ensure successful growth and profitability.
Forward-looking Statement
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Investors are cautioned that due to the Company's acquisition of the right to receive income from marijuana farming operations, an investment in this Company is extraordinarily risky, involving a multiplicity of extreme risks, that in some respects exceed that of any legal investment in the history of investing, particularly given the conflict of laws and the potential consequences of that conflict, including very substantial legal risk of federal prosecution, penalty and imprisonment, as marijuana is still classified federally as a Schedule 1 narcotic.
DISCLAIMER:
BUYINS.NET is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. A third party has paid a non-affiliate $1,117 per month for six months of data provided in this report. IJJP has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.